Ethereum Intraday: as long as 3806 is support look for 4058

Ethereum (ETH/USD)
+20.19+0.52%
as long as 3806 is support look for 4058.
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Our pivot point stands at 3806.

Our preference: as long as 3806 is support look for 4058.

Alternative scenario: below 3806, expect 3711 and 3655.

Comment: the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 3878 and 3865).

Supports and resistances:
4172 **
4115 *
4058 **
4002
3881 last
3843
3806 **
3711 *
3655 **

Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.
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